First Guaranty Bancshares, Inc. (NASDAQ:FGBIP – Get Rating) saw a large drop in short interest in January. As of January 15th, there was short interest totalling 2,200 shares, a drop of 8.3% from the December 31st total of 2,400 shares. Based on an average trading volume of 900 shares, the days-to-cover ratio is currently 2.4 days.

First Guaranty Bancshares Price Performance

NASDAQ FGBIP opened at $25.03 on Wednesday. First Guaranty Bancshares has a twelve month low of $23.55 and a twelve month high of $28.32. The business's fifty day moving average is $24.86 and its 200 day moving average is $25.01.

First Guaranty Bancshares Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 1st. Investors of record on Wednesday, February 15th will be given a dividend of $0.4219 per share. This represents a $1.69 annualized dividend and a yield of 6.74%. The ex-dividend date is Tuesday, February 14th.

About First Guaranty Bancshares

First Guaranty Bancshares, Inc operates as the holding company for First Guaranty Bank that provides commercial banking services in Louisiana and Texas. It offers various deposit products, including personal and business checking, savings, money market, and demand accounts, as well as time deposits to consumers, small businesses, and municipalities.

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